{"id":2610,"date":"2026-08-31T10:06:00","date_gmt":"2026-08-31T10:06:00","guid":{"rendered":"https:\/\/clichypotheque.ca\/institutions-financieres-argent-comptant\/"},"modified":"2026-10-13T14:48:13","modified_gmt":"2026-10-13T14:48:13","slug":"institutions-financieres-argent-comptant","status":"publish","type":"post","link":"https:\/\/www.clichypotheque.ca\/en\/institutions-financieres-argent-comptant\/","title":{"rendered":"Cash on Hand and Liquid Funds: The Solution"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A bank just turned down your application. You need <strong>cash on hand<\/strong> fast. You're wondering if another option exists.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fortunately, getting <strong>liquid funds<\/strong> is still possible. In this article, you'll learn why banks turn down certain files and how to unlock funds another way, without waiting for weeks or dealing with a long approval process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Banks Turn Down Your Application<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Banks follow strict rules. They calculate a precise debt ratio. If your declared income is too low, the file gets turned down.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Self-employed workers often run into this. Their income looks low on paper, even if their property is worth a lot. Traditional lenders don't always look at that value first, which can be frustrating for people who have built real equity over the years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here's a concrete example:<\/strong> a self-employed worker earning between $50,000 and $70,000 a year. If they own a duplex with a lot of equity, their application could be turned down because of their declared income. A private lender, <strong>on the other hand, looks first at the value of the duplex<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A change in circumstances can also work against you. A temporary job loss or accumulated debt can be enough. The criteria stay the same, no matter your history.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/clichypotheque.ca\/wp-content\/uploads\/comment-obtenir-de-largent-comptant-rapidement.webp\" alt=\"comment-obtenir-de-largent-comptant-rapidement\" class=\"wp-image-2603\" srcset=\"https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/comment-obtenir-de-largent-comptant-rapidement.webp 600w, https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/comment-obtenir-de-largent-comptant-rapidement-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">At Clic Hypoth\u00e8que, the evaluation is based on common sense. There's no debt ratio to meet. The loan is based on the net value of your property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You get a response within 24 hours or less. The notary can finalize the signing in as little as 7 days. You get your cash on hand quickly, without the usual bank delays.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Two key elements for accessing liquid funds fast:<\/strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The net value of your property, rather than your declared income.<\/li>\n\n\n\n<li>A file reviewed case by case, all across Quebec.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Even more remote regions are considered. Unlike some competitors, every file is reviewed individually.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/clichypotheque.ca\/wp-content\/uploads\/qui-a-besoin-de-liquidites-rapidement.webp\" alt=\"qui-a-besoin-de-liquidites-rapidement\" class=\"wp-image-2604\" srcset=\"https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/qui-a-besoin-de-liquidites-rapidement.webp 600w, https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/qui-a-besoin-de-liquidites-rapidement-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Several situations lead people toward this type of solution. Paying off tax debts or credit card debt is the most common case. A single monthly payment then replaces several separate debts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors with several properties also look for this kind of financing. A file with seven or ten properties is often complex for a bank. Calculating each property's income takes time, sometimes several months, which discourages many experienced investors from even trying.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>This type of financing also helps in other cases:<\/strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Taking advantage of a quick buying opportunity, with a down payment of 20 to 25%.<\/li>\n\n\n\n<li>Renovating a property before selling or refinancing it.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The real estate market moves fast in Quebec. <strong>Properties between $450,000 and $650,000<\/strong> are now getting five to ten offers. Having funds ready often makes the difference.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some homeowners also use this financing for a bridge loan. This happens when a property is sold before another one is purchased. The loan gives you the time needed to complete the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Builders putting up buildings with <strong>6 to 24 units also<\/strong> use this type of financing. They turn to private financing during construction. Once the building is finished and rented, they often refinance with a bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In many cases, the interest and notary fees on this type of loan are tax-deductible. This depends on your personal situation and how the loan is used. <strong>It's recommended that you check this with an accountant before applying, since every file is different.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every situation is different depending on your needs. That's why each file needs to be reviewed case by case. A flexible approach makes all the difference, no matter where in Quebec you live, what your job looks like, or what your income looks like on paper.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Why do banks turn down certain files?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They apply a strict debt ratio based on your declared income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How can I get cash on hand quickly?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You get a response within 24 hours or less, with signing at the notary within 7 days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Does this type of loan work all across Quebec?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. Every file is reviewed case by case, even in more remote regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How long does it take to get a response?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You get a response within 24 hours or less, and the notary can sign in as little as 7 days.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Clic Hypoth\u00e8que's Services<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Clic Hypoth\u00e8que offers private mortgage financing all across Quebec, case by case, when banks say no. To learn more about similar situations, check out our article on the <a href=\"https:\/\/www.clichypotheque.ca\/news\/best-time-of-year-to-sell\">best time to sell your home<\/a> and our article on <a href=\"https:\/\/www.clichypotheque.ca\/news\/credit-score\">credit scores<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To better understand how a private mortgage loan works in Quebec, consult the <a href=\"https:\/\/lautorite.qc.ca\/en\/general-public\/personal-finances\/mortgages\/types-of-mortgages\" target=\"_blank\" rel=\"noopener\">Autorit\u00e9 des march\u00e9s financiers<\/a>, the official regulator of the financial sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Need liquid funds quickly? <a href=\"https:\/\/www.clichypotheque.ca\/en-contact\">Contact the Clic Hypoth\u00e8que team<\/a> today to discuss it, with no obligation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Les institutions financi\u00e8res viennent de refuser votre demande. Vous avez besoin de liquidit\u00e9s rapidement. Vous vous demandez s'il existe une autre solution.<\/p>\n","protected":false},"author":1,"featured_media":2611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-2610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-topico"],"_links":{"self":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/comments?post=2610"}],"version-history":[{"count":1,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2610\/revisions"}],"predecessor-version":[{"id":2616,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2610\/revisions\/2616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/media\/2611"}],"wp:attachment":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/media?parent=2610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/categories?post=2610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/tags?post=2610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}